What is a condo master policy deductible calculator?

A tool that divides the association master deductible by unit count to estimate owner share. Our loss assessment calculator performs this math.

Does loss assessment coverage pay automatically?

Only for qualifying assessments per HO-6 policy terms and within your limit. Confirm with your agent.

Is this the same as a special assessment calculator?

No. Special assessments usually fund capital repairs. Loss assessments often follow insurance deductible funding.

Where do I find the master deductible?

Request insurance declarations in the HOA resale packet. Wind and earthquake lines may use percentage deductibles.

How much loss assessment coverage covers a $3,750 illustrative levy?

If your HO-6 loss assessment limit is $50,000 and the levy qualifies under the policy, the full $3,750 illustrative share may be covered minus any HO-6 deductible. Verify policy language—deductible assessments and cosmetic-only losses are often excluded.

Guide

Loss Assessment Calculator Explained

How to use the loss assessment calculator for master policy deductibles: per-unit share, HO-6 coverage gap, and vs special assessment tools.

By True Condo Cost editorial team · Editorial standards

When master policy deductibles are large, owners may be assessed before coverage pays. The loss assessment calculator estimates your share and compares it to HO-6 limits.

Inputs from declarations pages, equal-split math, and when to use the special assessment calculator instead.

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Last updated: June 2026

What a loss assessment calculator does

A loss assessment calculator estimates your share of a master policy deductible when the association assesses owners before insurer payment on a covered claim. It helps you compare that exposure to HO-6 loss assessment coverage limits—not to predict whether a claim will happen.

Open the tool at /calculators/loss-assessment. For policy concepts, read loss assessment coverage and master policy deductible explained.

Loss assessment vs special assessment calculators

Calculator	Models	URL
Loss assessment	Master deductible pass-through after claims	/calculators/loss-assessment
Special assessment	Capital projects and reserve levies	/calculators/special-assessment
HOA reserve risk	Percent funded and project share	/calculators/hoa-reserve-risk

Insurance-related assessments differ from roof or facade capital levies.

Searchers looking for a condo master policy deductible calculator usually want loss assessment math. Enter the deductible from declarations pages or building insured value times percentage.

Inputs and interpretation

Master deductible total or building value + deductible percent
Unit count in the association
HO-6 loss assessment limit from your quote
Optional months to spread if the board finances the charge

Example: Illustrative split

A $2 million master wind deductible on a 100-unit building implies about $20,000 per owner on a simple equal split before coverage pays. HO-6 loss assessment coverage of $25,000 may cover qualifying charges up to that limit—policy language controls.

Oregon master deductible passed to 24 owners at $3,750 each

Take a concrete case: a Portland association's master policy carries a $90,000 water damage deductible. After a common-pipe failure, the board assesses owners: $90,000 ÷ 24 units = $3,750 per door. An HO-6 with $50,000 loss assessment coverage pays up to the policy limit minus any deductible; the owner funds the rest.

Limit-setting mistake

Buying $5,000 loss assessment coverage when the master deductible is six figures is a common gap. Read the loss assessment coverage guide before you set calculator inputs.

Confirm whether the assessment is for a deductible or uninsured loss.
Check if the master policy is bare-walls or all-in.
Ask whether the association spread the assessment over time.

Frequently asked questions

What is a condo master policy deductible calculator?: A tool that divides the association master deductible by unit count to estimate owner share. Our loss assessment calculator performs this math.
Does loss assessment coverage pay automatically?: Only for qualifying assessments per HO-6 policy terms and within your limit. Confirm with your agent.
Is this the same as a special assessment calculator?: No. Special assessments usually fund capital repairs. Loss assessments often follow insurance deductible funding.
Where do I find the master deductible?: Request insurance declarations in the HOA resale packet. Wind and earthquake lines may use percentage deductibles.
How much loss assessment coverage covers a $3,750 illustrative levy?: If your HO-6 loss assessment limit is $50,000 and the levy qualifies under the policy, the full $3,750 illustrative share may be covered minus any HO-6 deductible. Verify policy language—deductible assessments and cosmetic-only losses are often excluded.

Sources to verify before buying

Use this checklist during due diligence. Calculators help you plan; these documents tell you what a specific building actually costs.

HOA budget and audited financials (or reviewed statements if the association is small)
Reserve study with percent-funded and component schedules — often prepared under CAI / APRA standards
Master insurance declarations: carrier, deductible, wind/hail sublimits, and coinsurance
Board minutes covering the last two insurance renewals and any assessment votes
Written special assessment notices and payment plans
County assessor or municipal property tax estimator for the parcel (not a neighbor’s bill)
HO-6 quote aligned to master policy gaps — confirm with your state Department of Insurance licensed agent
Lender condo questionnaire or Fannie Mae / Freddie Mac project review status for warrantability

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